Renovate America continues to stretch its regional footprint through its fourth securitization this year of Property Assessed Clean Energy (PACE) bonds supporting green-energy home improvements.

In HERO Funding 2016-4, the San Diego-based PACE program administrator is pooling a targeted balance of $292.4 million in limited obligation bonds issued by three local California entities covering 36 counties to help finance solar panel installations and other energy-efficiency upgrades for homeowners.

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